Commercial Hard Money Loans in Belleville, Illinois

A total of 43 results for commercial hard money lenders were found in Belleville, IL.
Loan amounts average approximately $333,929. Interest rates on loans issued to Belleville investors average 12.4%. The mean loan issued in the city has a length of 23 months.
A typical hard money loan issued in the city includes a 3.3 point origination charge. The mean loan to value (LTV) offered for loans in Belleville is 71%.

Loan Example 1

Deep Lake Lending Corporation
makes a private money loan to Derrick
for the purchase of a new office building after he is turned down for a conforming loan by his credit union because he has a subpar FICO score. The new building is listed for $1,900,000. Because there is a 80% loan-to-value (LTV) agreed to by the lender, the loan principle amount will be $1,520,000. The additional $380,000 will be be paid by Derrick
.
The parameters of the note include a 5 year term, a 13% interest rate, and 1 origination points paid by Derrick
when the deal is executed.
Derrick
will pay an origination fee of $15,200 and will then start to make the monthly payments of $16,467 ($1,520,000 principle x 13% interest rate / 12 months per year). He can pay off the note whenever he decides to since there isn't a pre-payment penalty but he will be responsible for paying off the full principle amount when he concludes the loan.

Loan Example 2

Green Fern Investment Group
makes a private money loan to Avis
for the acquisition of a new retail space after she is turned down for a conventional mortgage loan by her local bank due to a subpar credit rating. The new property costs $1,310,000. Avis
will need to put 30% down, or $393,000, since the lender will only fund 70% of the purchase (the loan to value or "LTV"). This means the principle amount on the loan is $917,000. Additionally, the lender requires a 5 point origination fee along with the 8%, 3 year term on the note. They agree to not enforce a pre-payment penalty if Avis
pays off the loan before it expires.
Avis
will have to pay the origination fee of $45,850 and she will then start to make the interest payments of $6,113 ($917,000 principle amount x 8% interest rate / 12 months per year). She may pay off the note whenever she chooses because there is not a pre-payment penalty but she is responsible for the original principle when she concludes the loan.

Conventus is a San Francisco, CA based private lender. They provide funding in 10 states throughout the US. They provide fix-and-flip loans, private commercial loans, cash out hard money loans, and rental property loans.
Their loan ...

Secured Investment Lending is private lender headquartered in Lake Mary, FL. They provide funding in 49 states throughout the country.
They provide lending solutions for a variety of scenarios, including short term bridge loans, commercial loans, cash ...

NSB Financing is a Miami, FL based hard money lender. They offer loans in 10 states throughout the United States. They offer loans for many different situations and needs, including commercial hard money loans, hard money construction loans, ...

Visio Lending is a hard money lender based in Austin, TX providing loans in 39 states throughout the United States.
They provide short term bridge loans, commercial loans, and fix-and-flip hard money loans.
They provide rates ...

Capstone Financial is a Scottsdale, AZ based hard money lender who provides loans all across the US.
They provide lending solutions for a variety of needs and situations, including cash out loans, fix and flip hard money loans, short ...

Blackburne and Sons Realty Capital is a Sacramento, CA based private lender providing loans across the country.
Their focus is mainly on commercial loans. They issue terms up to 15 years, loan amounts ranging from $100,000 ...

AJTM Financial Group is a Stamford, CT based hard money lender. They provide funding all across the US. They provide short term fix and flip loans and private commercial loans.
Their loan guidelines are flexible, including ...

Headquartered in San Rafael, CA, Equity Coalition is a private lender offering loans throughout the US.
They offer cash out hard money loans and commercial loans.
They provide loan amounts ranging from $500,000 to $20,000,000, rates ...

Ocean Pacific Capital is an Irvine, CA based hard money lender. They offer loans throughout the US. Their lending focus is mainly on commercial loans. They provide loan amounts starting from $500,000 with a maximum LTV ...

Based in Hamilton, NJ, Creative Hard Money LLC is a private lender offering loans throughout the United States.
They provide loans for many different scenarios, including fix and flip loans, cash out hard money loans, rental property loans, ground-up ...

Gokapital Mortgage is a Miami, FL based private lender who provides funding all throughout the US.
They provide lending solutions for a variety of situations, including loans for rental properties, cash out hard money loans, fix-and-flip loans, hard money ...

Capital Funding Hard Money is an asset-based lender in Houston, TX offering funding throughout the US.
They provide loans for many different situations and needs, including hard money refinancing, bridge loans, and hard money loans for commercial properties. ...

New Wave Loans is an asset-based lender based in Aventura, FL providing funding throughout New York, Arizona, Illinois, and Florida.
They provide lending solutions for a variety of situations, including buy and hold loans, commercial loans, ground up ...

Headquartered in Miami Beach, FL, YC Funding is an asset-based lender offering loans in 23 states across the United States.
They offer construction loans, cash out loans, buy and hold loans, short term bridge loans, fix and flip hard ...

ReCasa Financial Group is a Columbus, OH based private money lender providing funding in 9 states across the US.
They provide lending solutions for many different needs and situations, including hard money bridge loans, private commercial loans, refinancing, ...

Render Capital Group is a Hobart, IN based hard money lender. They offer loans in 15 states across the country. They offer loans for a variety of scenarios, including commercial hard money loans, hard money bridge loans, ...

Straightline Funding is an Atlanta, GA based private lender. They provide loans throughout Alabama, Georgia, Illinois, North Carolina, and South Carolina. They provide bridge loans, loans for investments properties, new construction loans, cash out loans, fix and ...

ARC Capital is a Santa Rosa, CA based private lender providing funding in 17 states throughout the country.
They offer long term rental property loans, bridge loans, hard money loans for commercial properties, and short term fix and ...

Silver Hill Funding is private lender based in Coral Gables, FL. They provide funding in 39 states throughout the United States.
Their lending focus is primarily on commercial loans. They provide rates ranging between 6% ...

Based in Great Neck, NY, National Advance Group is an asset-based lender providing loans in 50 states across the United States.
They offer lending solutions for a variety of scenarios, including commercial hard money loans and fix-and-flip hard money ...

Temple View Capital is private lender headquartered in Bethesda, MD. They provide loans in 20 states throughout the US.
They provide short term fix and flip loans, cash out loans, private commercial loans, loans for rental properties, ...

Sharestates is a Great Neck, NY based hard money lender. They provide loans in 46 states across the US. They offer lending solutions for a variety of needs and situations, including hard money loans for commercial properties, fix ...

Based in Baltimore, MD, EZ Money Lending Co is an asset-based lender offering funding in 9 states across the US.
They offer lending solutions for a variety of situations, including private commercial loans and fix-and-flip hard money loans. ...

Headquartered in Neenah, WI, Peak Choice Capital is a private lender providing funding in 45 states throughout the US.
They offer short term bridge loans, buy and hold loans, cash out loans, fix-and-flip loans, and private commercial loans.
...

Based in Santa Ana, CA, Unlimited Capital Group is a private lender offering loans in 15 states across the country.
They offer loans for a variety of situations, including fix-and-flip loans, refinancing, bridge loans, loans for rental properties, commercial ...

Based in Coeur d'Alene, IA, COGO Capital is an asset-based lender providing loans in 45 states throughout the US.
They provide private commercial loans, fix-and-flip loans, and loans for investments properties.
Their loan guidelines are flexible, including ...

Headquartered in South Windsor, CT, RCN Capital is a hard money lender providing funding in 47 states across the country.
They provide loans for many different scenarios, including cash out loans, fix-and-flip hard money loans, commercial hard money loans, ...

Genesis Capital is a Woodland Hills, CA based private lender. They provide funding in 17 states throughout the United States. They offer ground up construction loans, bridge loans, buy and hold loans, fix-and-flip loans, private refinancing, and ...

Cherrywood Commercial is a Diamnond Bar, CA based private money lender who provides loans in 48 states throughout the United States.
They provide lending solutions for many different situations, including short term bridge loans and commercial hard money loans. ...

Allied Commercial Funding is private lender headquartered in Agoura Hills, CA. They provide funding in 43 states throughout the US.
They provide lending solutions for a variety of situations and needs, including hard money loans for commercial ...

Omega Funding is a hard money lender headquartered in Denver, CO providing funding in 8 states throughout the US.
They provide hard money loans for commercial properties, short term loans, and refinancing.
They provide terms between ...

Fairview Commercial Lending is a Sandy Springs, GA based private money lender. They offer loans throughout Colorado, Florida, Georgia, and Illinois. They provide lending solutions for many different scenarios, including private commercial loans, short term fix and ...

T&M Commercial Funding is an Auburn, ME based private lender who provides loans in 47 states across the US.
They provide lending solutions for a variety of situations and needs, including bridge loans and commercial hard money loans. ...

ICG10 Capital is private lender headquartered in Aventura, FL. They offer loans in 44 states throughout the United States.
They offer loans for many different scenarios, including short term loans, buy and hold loans, short term fix ...

Based in Rockville, MD, ACC Mortgage is a hard money lender offering loans in 16 states across the country.
They offer fix and flip loans, commercial loans, private refinancing, and buy and hold loans.
Their loan parameters ...

Aero Capital Finance is a Kissimmee, FL based private lender. They provide loans in 18 states throughout the United States. They offer loans for a variety of scenarios, including private refinancing, fix and flip loans, hard money loans ...

Based in Irvine, CA, 5 Arch Funding is a hard money lender providing loans across the United States.
They provide loans for a variety of situations and needs, including loans for investments properties, fix-and-flip loans, and commercial loans. ...